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Peninsula Land

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Realtors' deals with foreign funds rose threefold this year

Four large property developers have seen equity investment or commitment, totalling Rs 7,567 crore (Rs 75.67 billion), by foreign funds this calendar year, thrice the amount raised by big......

Oberoi Realty, Kalpataru in race for Tata Steel plot

Real estate developers Oberoi Realty and Kalpataru have emerged front runners in a race to acquire Tata Steel’s 25-acre plot in Mumbai. The land, in the northern suburb of Borivali, is......

Diamond merchant emerges top bidder for Cadbury House

Dilipkumar Lakhi, a prominent diamond merchant and Mumbai's highest individual tax payer till a couple of years ago, has beaten some of the city's top developers to emerge the highest bidder for......

Mahindra, Standard Chartered in JV to build residences

An investment arm of UK's Standard Chartered Bank has made an entry into Indian real estate by signing a joint venture with Mahindra Lifespace Developers, the realty arm of the Mahindra Group.......

Realty sector sees top-level churn

The managing directors of at least two companies, Indiabulls Real Estate and Peninsula Land, quit recently. So did the real estate heads of two property funds, Indiareit and Everstone Capital. They......

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